I just remembered some of the .COM terms and events. Yuck! Some companies actually made it to round three investing. They would make announcements and it seemed strange. Then the whole process fell apart. To me the entire process was driven by greed. Pre IPO and all that. A company would go public and the stock would go from $2 a share to $200 in one day. So investors wanted in on the wealth.

No business plan or concept of product. Just technology at its finest. The promise of what? So many were a part of it and it really hurt our industry.

I thought it was a phenomena limited to Silicon Valley until I saw some national news reports. A group of kids about to graduate from college were hired my .COM companies on the east coast. Not one had a degree related to computer science. The kid with the marketing degree said he was hired as a DBA, at $120,000 a year, but knew nothing about the subject.